Carder Meaning: Definition, Examples, and Translations
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carder
[ˈkɑrdər ]
Definition
cybercrime term
A carder is an individual who illegally obtains and uses person-to-person financial information, typically credit card details, in order to commit fraud. They may purchase stolen credit card numbers, use them for online purchases, or sell the information to others. Carders often operate on the dark web, where they can trade and communicate without being easily detected by law enforcement. The practice of carding is detrimental to both consumers and financial institutions, leading to significant financial losses and identity theft.
Synonyms
fraudster, identity thief, scammer.
Examples of usage
- The carder sold credit card information on a dark web forum.
- Law enforcement arrested a group of carders involved in massive fraud.
- Many carders pay hackers for access to stolen data.
- These carders target unsuspecting victims to exploit their financial data.
Translations
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Origin of 'carder'
The term 'carder' emerged in the late 1990s as the internet became more widely accessible and online commerce began to flourish. It is derived from 'carding,' a practice originating from the theft and fraudulent use of credit card information. The name reflects the use of stolen credit cards as the primary tool for fraudulent activities. As cybercrime evolved with advancements in technology, so did the terminology associated with it. The rise of organized crime groups in the early 2000s contributed to the increased prevalence of carders, leading to significant shifts in both law enforcement and cybersecurity practices. Today, 'carder' has become a distinctly recognized term within discussions of cybercrime, particularly concerning online financial fraud.